币界网报道：Solana's DeFi ecosystem expanded by 22% in Q1 2025, fueled by innovative projects and increased developer activity, according to recent data. The network's total value locked (TVL) reached $4.8 billion, with key protocols like Jupiter Exchange and Raydium driving growth. Solana's low transaction fees and high throughput continue to attract developers, with over 350 new projects launching this quarter. The ecosystem also saw a 40% rise in daily active users, surpassing 1.2 million. Analysts attribute this growth to Solana's improved network stability and strategic partnerships, including integrations with major payment providers. Despite market volatility, SOL's price increased by 18% during the quarter, outperforming several competitors. The Solana Foundation announced plans to allocate $50 million for developer grants in 2025 to sustain momentum.